Using Credit Sesame does not affect your score in any way. When Credit Sesame accesses your credit on your behalf there is only a "soft" credit inquiry into your credit which does not hurt your score like a hard inquiry from a lender might.
With Sesame Cash, an online banking account that offers cash rewards for improving your credit, you could earn up to $100 just for improving your score**. So when you pay down your debt, you could free up credit, improve your score, and earn more cash all at the same time. It's a win-win-win.
Absolutely! While we do have premium subscription options for members that want more bells and whistles, our core product of offering a free single credit bureau (TransUnion) monthly credit score and free credit monitoring is in fact free of charge and does not require a credit card.
The credit score you see on Credit Sesame is based on the VantageScore® 3.0 scoring model and provided by TransUnion, but when you upgrade to our premium services, we show your score from all three credit bureaus (along with many other resources to help protect your credit).
The following common actions can hurt your credit score: Missing payments. Payment history is one of the most important aspects of your FICO® Score, and even one 30-day late payment or missed payment can have a negative impact. Using too much available credit.
Credit Sesame is very similar to Credit Karma since both offer your VantageScore and monitoring services. However, one notable difference is that Credit Karma actually provides an additional VantageScore that reflects Equifax, in addition to the TransUnion score both services provide.
How to Increase Your Credit Score by 200 Points or More
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By following a few tips, you could raise your score by 50 points or more before the end of the year.
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